secwatch.observer — SEC 8-K summary
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Issuer:     Streamex Corp. (STEX)
CIK:        0001530766
Form:       8-K
Filed at:   2025-12-19T23:59:59+00:00
Accession:  0001493152-25-028606
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

StreamEx Corp. issues $25M second tranche convertible debenture to Yorkville
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- Issued $25M principal convertible debenture to YA II PN (Yorkville) with net proceeds of ~$24M.
- Conversion price is lower of $6.016 (subject to reset) or 97% of lowest 3-day VWAP, floor $4.00.
- Matures Dec 17, 2027; interest 4% (18% upon default); prepayment allowed with 10% premium.
- Investor conversion capped at 4.99% beneficial ownership; shares issued under Section 4(a)(2) exemption.
- Amendment No. 4 to Debenture Purchase Agreement modifies closing conditions with no material term changes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530766/000149315225028606/0001493152-25-028606-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530766/000149315225028606/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-028606

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